Rancher Labs Accelerates Momentum with 161 Percent Growth in Revenue and 52 Percent Growth in New Customers

Rancher Labs announced that it recorded 161 percent year-on-year revenue growth and increased its number of customers by 52 percent since the start of 2019, the best first half of a year since the company launched its first product in 2016. This rapid growth demonstrates increasing industry-wide demand for Rancher Labs’ software, which allows users to easily manage all aspects of running Kubernetes at scale, on any infrastructure, across the data center, cloud, branch offices, and the network edge. In addition, Rancher Labs closed a $25M series C funding round, with the majority of the new financing raised with existing investors, and one new investor: F&G Ventures. The new round brings the total amount raised by the company to $55M.